earnings
confidence high
sentiment negative
materiality 0.75
Patterson-UTI Q4 net loss $52M, adj EBITDA $225M; FY 2025 capex guided ~$600M
PATTERSON UTI ENERGY INC
2024-FY EPS reported
-$2.44
revenue$5,377,911,000
- Total revenue $1.2B; net loss $0.13/share incl. $3M merger expenses.
- Full-year adjusted free cash flow $523M; returned $417M to shareholders via dividends & buybacks.
- New 5-year $500M unsecured revolving credit facility (expires Jan 2030) finalized post-quarter.
- Q1 2025 outlook: avg 106 U.S. rigs ($15,250/gross profit per day); Completion Services adj gross profit ~$100M.
- Dividend $0.08/share payable Mar 17, 2025 to holders of record Mar 3.